1. If the approval materials are fully prepared, it usually takes 1-2 working days.
2. If you choose a pure provident fund loan, after approval, the bank will directly transfer the loan funds to the borrower's repayment account, and the borrower only needs to repay the loan according to the agreed time.
3. If you choose provident fund and commercial portfolio loan, you need to go to the housing provident fund for loan preliminary examination. After passing the preliminary examination, the materials will be sent to commercial banks, which will handle the loan approval procedures. It only takes 1-2 working days at the earliest.
The conditions for handling a joint provident fund card usually include the following aspects:
1. provident fund account: individuals or units holding provident fund accounts can apply for a joint provident fund card.
2. Bank account: Under normal circumstances, you need to open a bank account at the same time to apply for a joint provident fund card. Generally, the bank account is required to be a current deposit account in the name of an individual.
3. Deposit requirements: different regions and different banks have different deposit requirements, generally requiring the provident fund to be deposited for more than 6 months.
4. Bank credit record: applicants need to have a good bank credit record, including bank card use records and loan records.
5. Age requirements: Applicants are generally required to be 18 years old.
To sum up, the specific application conditions may be different due to factors such as regions and banks. Please read the relevant regulations carefully before handling.
Legal basis:
Article 26 of the Regulations on the Management of Housing Provident Fund
Workers who have paid housing provident fund can apply for housing provident fund loans to the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.
The housing provident fund management center shall make a decision on whether to grant loans within 15 days from the date of accepting the application, and notify the applicant; Where a loan is granted, the entrusted bank shall go through the loan formalities.
The risk of housing provident fund loans shall be borne by the housing provident fund management center.